Promising Pages

Analysis

Promising Pages is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2012, 14 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Promising Pages reported income of $909k and spending of $1.2m, spending 127% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $233k to $909k (+290%), an average of +57% a year. The sharpest change came in the year to June 2022, when income rose by 338%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Promising Pages sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Heartland Sings Inc ($909k), Public Resource Org Inc ($909k) and Life Advancement Group ($909k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (5.1% of expenses). Other salaries and wages came to $192k. At year end it held assets of $71k against liabilities of $12k, net assets of $60k. It reported 5 employees.